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            For Lease 67 Days On Site

            #3502 50 Wellesley Street East

            near Yonge/Wellesley
            Price Changed -$201 (2020-04-13) $2,999 2+0bdr • 2ba • 1kit • 700-799sf
            Average Income
            $56,704
            Population Age
            38 y/old
            School Score
            6.45/10
            Price Index Change 1y
            +8.41%
            Price Index Change 3y
            +48.32%
            Rent Index Change 1y
            +1.50%
            Rent Index Change 3y
            +24.99%

            Condo Apt • Apartment #3502 • 35 Level

            #3502 50 Wellesley Street East, Church-Yonge Corridor, Toronto
            • Rooms and Bathrooms 2+0 bedr, 2 bath
            • Kitchens 1
            • area 700-799
            • garage 0.0 Undergrnd
            • exposure Nw
            • locker Owned
            • possession

              Tbd

            • 1 Year

            $2,999

            n/a

            CALCULATED NUMBERS:

            $3125

            99 Walker's Paradise

            97 Rider's Paradise

            97 Biker's Paradise

            6.45/10

            Property Location Details
            • Toronto

            • Toronto

            • Church-Yonge Corridor

            • Yonge/Wellesley

            • M4Y1G2

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            MASTER`S TRUST REALTY INC., BROKERAGE

            Property Overview
            2Br 2Wr Corner Unit. Lots Of Natural Light. Steps To Wellesley Subway Station. Walk Score 99. Parking Spot Is Available For Rent Seperately At $260/Month.Excellent Access To Major Universities, Colleges And Hospital Network. Floor To Ceiling Windows. Regular Locker And A Bike Locker.
            Extras: Full-Size S/S Fridge, Glass Top Stove, B/I Range Hood, B/I Microwave, Dishwasher, Front Load W/D And Window Coverings
            Property Features
            • Arts Centre
            • Clear View
            • Hospital
            • Library
            • Public Transit
            • School
            • Concrete
            • Concierge
            • Exercise Room
            • Games Room
            • Guest Suites
            • Outdoor Pool
            • Party/Meeting Room
            • Common Elements Included
            • Building Insurance Included
            • Private Entrance
            • Family Room
            • Fireplace/Stove
            • Furnished
            • Heat Included
            • Hydro Included
            • Parking Included
            • Seller Property Info Statement
            • Water Included
            • All Inclusive
            • Cable TV Included
            • CAC Included
            Rooms details
            Living
            • Flat Level
            • Combined W/Dining
            • W/O To Balcony
            • Laminate
            Dining
            • Flat Level
            • Combined W/Living
            • Open Concept
            • Laminate
            Kitchen
            • Flat Level
            • Combined W/Dining
            • Open Concept
            • Modern Kitchen
            Master
            • Flat Level
            • Laminate
            • Large Closet
            • 3 Pc Ensuite
            2nd Br
            • Flat Level
            • Laminate
            • Closet
            Basement
            • None
            • Listing added to site: 2020-03-20 00:15:22
            • Last updated: 2020-04-14 00:06:07
            • Photos updated: 2020-03-19
            • Contract date: 2020-03-19
            • Input date: 2020-03-19
            • Expiry date: 2020-08-19
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            3502 50 Wellesley Street East Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            3502 50 Wellesley Street East is a condo apt apartment, located in Church-Yonge Corridor of city of Toronto, Toronto region, near Yonge/Wellesley, and has been available for lease on ITRealty since 2020-03-20. This unit is located at level 35 of the building and has North-West exposure of Wellesley E St.

            Lot Size and Living Area:

            3502 50 Wellesley Street East has 5+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 700-799 square feet. The locker is owned. And there is a ensuite laundry at this condo &(type).

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Arts Centre, Clear View, Hospital, Library, Public Transit, School at, or near the property.
            AIDA has also found the following features: Price Change, AIDA Recommended, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

            Price & Cost Overview

            General:

            3502 50 Wellesley Street East condo apt is listed for $2,999.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $3,076.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Church-Yonge Corridor, where 50 Wellesley Street East is located, has $764,057 Home Price Index, and $2,571 Home Rent Index. Average household income at dissemination area of 50 Wellesley Street East is $56,704, and average polulation age is 38 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $990,830, and average Home Rent Index $2,649.

            Similar Properties & Community Details:

            There are similar to 3502 50 Wellesley Street East 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 50 Wellesley Street East.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Church-Yonge Corridor neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 50 Wellesley Street East, or schools, which boundaries this address belongs to with an average School Score 6.45 out of 10. Here are more details about these schools:
            1. Jesse Ketchum Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
            2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 99, 97, and 97 accordingly, location of 50 Wellesley Street East overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            3502 50 Wellesley Street East Listings History Powered By AIDA
            Church-yonge Corridor, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Balanced market. Existing inventory is enough for 4-6 months sales supply (127 days).
            Sellers are often ready to negotiate the price, but it is harder to sell your property.
            Sell first, buy next is a possible strategy, unless you find a home of your dreams first.
            How often similar homes get rented?
            You may expect 52 to 64 properties like that to be sold in Church-Yonge Corridor during the next 30 days.
            Seasonal sales fluctuation is showing -59% inventory decline comparing to the average annual number, which is equvalent to 140.5 properties sold per month, and -14% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 67 days, which is 136% longer than it takes a similar home in Church-Yonge Corridor to sell, which is more than as twice as long as it takes a similar home in Church-Yonge Corridor to sell.
            Please note that asking price was reduced 43 days ago by -$201, but still did not trigger the sale yet.
            Seasonal sales fluctuation is showing 49% D.O.M. increase comparing to the average annual number, which is equvalent to 19 D.O.M., and 4% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in Church-Yonge Corridor.
            The selling to asking price ratio is declining in Church-Yonge Corridor.
            Considering the fact that this property has already been on the market for 67 days, which is -136% longer than average number of days it takes a home to sell in Church-Yonge Corridor (28.4), but taking into account recent price drop by -$201, this home may get sold at or near it's new price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4727230 Comparative Market Analysis
            3502 50 Wellesley Street East Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Church-yonge Corridor, Toronto, to the City of Toronto for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +8.41% comparig to the City of Toronto average of +5.085%

            Price Index 3y

            Price Index change was +48.32% comparig to the City of Toronto average of +5.235%

            Rent Index 1y

            Rent Index change was +1.50% comparig to the City of Toronto average of +6.08%

            Rent Index 3y

            Rent Index change was +48.32% comparig to the City of Toronto average of +5.235%

            Walkscore

            Walkscore 99 out of 100 means Walker's Paradise

            Transitscore

            Transitscore 97 out of 100 means Rider's Paradise

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 6.45 out of maximum 10 points

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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